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Supporting Social Enterprises Through COVID-19

Support during COVID-19

Supporting Social Enterprises Through COVID-19

The changes related to COVID-19 has created several challenges for startups and social enterprises in the subcontinent. In a few cases adapting to working remotely has proved to be challenging and in other cases changed government regulation has placed roadblocks. With all services other than essential services staying open, cash flow and cash reserve have been impacted. According to an article on Quartz, over 80% of India’s small businesses expect to scale down, shut shop, or sell off in six months. While we are also working closely with our venture partners and portfolio companies to extend the assistance they require now, in this blog post, we have also curated a set of resources to help startups in our network deal with challenges created by the pandemic.

We have listed financial resources, crisis management tools, and remote working tools that could help make changes to your way of functioning. We will keep this post updated periodically with new resources.

Funding Opportunities

  • Startups Vs COVID lists several grants for startups addressing challenges created by COVID-19
  • Omdiyar Network India welcomes applications to its Rapid Response Fund, including for community outreach and mobilisation initiatives
  • United States–India Science & Technology Endowment Fund announces a call for proposals under the category of Ignition Grants. USISTEF encourages out-of-the-box, innovative ideas from the community to address the COVID-19 challenge.
  • Aavishkaar Group announces an INR 2 crore grant under the Aavishkaar Group Facility for Humane Actions in response to Covid-19 challenge
  • The International Youth Foundation (IYF) has announced the creation of a new fund to speed support to young entrepreneurs and community leaders who are taking on the COVID-19 crisis around the world.
  • COVID-19 Energy Access Relief Fund is a concessionary debt fund that seeks to enable off-grid energy companies in Sub-Saharan Africa and Asia to both maintain their customers’ existing energy services and retain the staff required to deliver future services to these customers.

 

Business Planning, Crisis Planning, and Leadership

 

Working Remotely 

 

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